Emotion bars, no interest bars, compression bars
- Thread starter Pedrod2
- Start date
decades ago, to learn new things, or to get information,
we had to travel miles to the bookshop or library and get it.
The information you got from those books are mostly useful information.
Nowadays, with internet, we simply just sit in front of the computer and click here and there,
and you will get tons of information.
Unfortunately you will also get tons of
useless, worthless, confusing, conflicting, garbage information.
So be prudent.
we had to travel miles to the bookshop or library and get it.
The information you got from those books are mostly useful information.
Nowadays, with internet, we simply just sit in front of the computer and click here and there,
and you will get tons of information.
Unfortunately you will also get tons of
useless, worthless, confusing, conflicting, garbage information.
So be prudent.
Haven’t heard those terms before. If I were to guess emotion bars would have large range and large volume. One could tell what these are in observation in that they would trigger an emotional reaction within oneself. No interest bars would be small range low volume. Compression bars would be small range and large volume.
The bars by themselves would change any interpretation derived based on context.
Context involves expanding focus to a wider view or scope.
Good luck with your research.
Just new names to bars or areas of charts, get Edwards and McGee book on charting.
emotion = exhaustion
no interest = usually smaller bars going sideways, lack of volume
compression bars = better read by Bollinger Bands are these squeeze together, waiting for fast move to a faster trend. No such thing of low end of market, they can happen anywhere.
Thanks everyone, that's already very helpful.
@Sprout , you're very close.
The only one he has defined so far, that's the "emotion bar":
Emotion bar, a wide range bar, (compared to the bars preceding it), with high volume and a close around halfway back into the range of the day. Emotion bars represent the times when a down move is most likely to pause and rally or pause and trade sideways.
Most lows, after a move down end in either an emotion bar, a no interest bar, or a compression bar. Which bar is more likely to happen depends on the location of the price from the original high of the downtrend.
@gaussian @rb7 @Handle123 You guys are right, it's probably just a clever renaming of something else. Based on the definition above, if you can find the "original" terms that are more commonly used to describe these bars, I'm interested!
@Sprout , you're very close.
The only one he has defined so far, that's the "emotion bar":
Emotion bar, a wide range bar, (compared to the bars preceding it), with high volume and a close around halfway back into the range of the day. Emotion bars represent the times when a down move is most likely to pause and rally or pause and trade sideways.
Most lows, after a move down end in either an emotion bar, a no interest bar, or a compression bar. Which bar is more likely to happen depends on the location of the price from the original high of the downtrend.
@gaussian @rb7 @Handle123 You guys are right, it's probably just a clever renaming of something else. Based on the definition above, if you can find the "original" terms that are more commonly used to describe these bars, I'm interested!
what in a name....a emotion bar would smell the same as a wide range bar...apologies to William [Shakespeare]
nothing clever about it,
it is robbery and misleading someone....these guys do it all the time
naming something after themselves
you have ROSS' HOOK .....and many others